1-bedroom flat · DA12 1PL
For saleReduced £30k (−75%) on 17 JulListed 402 days
Opportunity summary
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About
One Bedroom Independent Living Apartment Offered for sale with no onward chain, this spacious one-bedroom apartment is located in the highly regarded McCarthy & Stone development, Nelson Court.
Offering independent living for over 60's there are many benefits to residents of Nelson Court including the Estate Manager and assistants who are on hand as well as emergency pull cords positioned in the apartment offering 24 hour cover.
There is also a residents lounge which is a great place to meet up and spend time with fellow residents.
There is an on-site restaurant and one hour a week of domestic help is provided for the residents in each apartment (included in the service charge).
The apartment is beautifully presented and features a large bathroom with a wet room area, a kitchen, a generous lounge/diner, and a spacious double bedroom.
Nelson Court is situated on the edge of the Windmill Hill Conservation Area, within easy reach of Echo Square Shopping, a mini supermarket, and the popular ‘84 Tea Rooms’.
Excellent transport links include frequent buses to Gravesend town centre and railway station, with services to London Charing Cross, Cannon Street, and a 26-minute fast train to London St. Pancras.
The location also offers convenient access to the A2/M2, M25, Bluewater Shopping Centre, and Ebbsfleet International Station.
We have been advised the following from the sellers: Lease left is 106 years Service Charge Approx.
£10,343.92pa Ground rent £435 per year Entrance hall Lounge/diner 14'3′′ x 11'5′′ kitchen 9'10′′ x 6'6′′ bedroom 14'3′′ x 9'2′′ bathroom/wetroom 9'2′′ x 9'2′′
Value & comps
No previous sales on record.
Returns
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Archie refurb estimate: a Pro feature
0.0% below asking
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Deal
Properties like this can earn 2–3x BTL yields when converted to HMO, with retrofit costs around £10k/room. Sign in to see the full tier, yield projection, and cost breakdown.
Commercial properties like this can earn 30-50% higher yields when converted to residential under Class MA / Q / P / PA, with prior approval costing ~GBP 96/unit. Sign in to see the recommended route, yield uplift, and cost breakdown.
BRRR-suited properties can recycle 80-100% of investor capital on refi, leaving a high-yielding rental with most of the money out. Sign in to see the refurb cost stack, ARV projection, and refinance maths.
Detached + large garden = sub-division play. Pro tier unlocks the tier badge, plot size, uplift estimate, and regional land benchmark.
Short-lease flats trade at deep discount, but extending under the 1993 Act often costs far less than the discount. Pro tier unlocks the tier badge, premium breakdown, long-lease ARV and arbitrage maths.
See projected short-stay revenue vs a vanilla BTL for this property.
See real sub-let margins (HMO room rates & SA nightly rates) vs the landlord rent.
Area
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FAQ
About Flat 45, Nelson Court, Gravesend
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